Wed.Mar 26, 2025

article thumbnail

Why Real-Time Financial Reporting is Essential for Your Business

Accounting Department

Financial reporting has long been a fundamental component of successful business management. It serves as the blueprint for decision-making, reveals opportunities, and identifies risks. Yet, in a rapidly changing economic environment, depending only on monthly or quarterly financial statements is gradually becoming outdated.

article thumbnail

IRS gives new guidance for scam victims to deduct theft losses

Accounting Today

Taxpayers that suffer a smaller loss might not have the sophistication to know that they could be entitled to take a theft loss deduction, warns one expert.

Tax 287
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Technology Is Transforming US Healthcare and Hospice Care

Compleatable

In an era where healthcare is more complex and personalized than ever, the marriage between technology and medicine continues to evolve in powerful ways. One of the most notable moves in 2025 has come from the home healthcare and hospice sectors, where two major players, Medalogix and Forcura, have joined forces in a landmark merger. Together, theyre forming a company valued at nearly $1 billion, and the implications for healthcare delivery are enormous.

article thumbnail

Treasury publishes rule narrowing BOI reporting

Accounting Today

The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies.

article thumbnail

Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

article thumbnail

7 Best No Credit Check Business Funding Options: Success Tips for SMBs

FundThrough

Key Takeaways Many alternative lenders offer business funding without conducting a credit check, focusing instead on business revenues and cash flow, providing a viable option for businesses with poor credit. When evaluating loan options, it’s important to keep in mind that funding methods that don’t require a credit check still come with other ways to […] The post 7 Best No Credit Check Business Funding Options: Success Tips for SMBs appeared first on FundThrough.

52
article thumbnail

IRS criminal investigators crack down on COVID and ERC fraud

Accounting Today

The Internal Revenue Service's Criminal Investigation unit launched 2,039 tax and money laundering cases related to COVID fraud over the past five years.

Tax 225

More Trending

article thumbnail

Taxpayers want Direct File, but relatively few have used it

Accounting Today

The Internal Revenue Service's Direct File program is attracting interest this tax season, but lack of familiarity and budget cuts at the IRS may doom it.

Budgeting 191
article thumbnail

CDFI Loans for Small Businesses: How They Work & Where To Find Them

Fit Small Business

A Community Development Financial Institution (CDFI) loan is a type of financing offered by mission-driven lenders that focus on supporting underserved communitiesand small businesses. These loans provide flexible terms, lower interest rates, and easier qualification requirements than traditional bank loans. A CDFI loan is designed for small businesses and entrepreneurs who need funding but might.

52
article thumbnail

AI dreams running into AI realities, says survey

Accounting Today

A recent survey from Gartner has found traditional AI and generative AI are not significantly more likely to report high productivity gains versus other innovations like RPA or blockchain.

191
191
article thumbnail

Why is there so much tax misinformation on social media?

Blake Oliver

Why is there so much misleading tax information on social media? Jasmine DiLucci says its not that tax influencers are malicious. Its that the social media algorithm rewards oversimplified content. I interviewed Jasmine on my Earmark Podcast. Listen here and earn free CPE/CE with the Earmark app. Jasmine is a JD, CPA, and EA with 500,000+ subscribers on YouTube.

Tax 52
article thumbnail

Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

article thumbnail

AICPA, CalCPA want more clarity on California climate rules

Accounting Today

The CPA organizations sent a joint comment letter to the California Air Resources Board asking for changes in the state's climate risk disclosure rules.

CPA 179
article thumbnail

What To Include in Your 3-Tiered Packages

Future Firm

My favorite way to standardize services and make scaling easier is 3-tiered pricing. Here's what to include in each tier. The post What To Include in Your 3-Tiered Packages appeared first on Future Firm.

article thumbnail

CFA Institute calls for better disclosures of intangible assets

Accounting Today

The CFA Institute is urging accounting standard-setters to require more detailed disclosures of intangible assets before they're recognized on the balance sheet.

article thumbnail

13 Signs That It’s Time To Upgrade Your Endpoint Security Solution

Ace Cloud Hosting

Endpoint security is a critical aspect of any modern organization’s cybersecurity framework. With increasingly sophisticated cyber threats, relying on outdated or inadequate solutions can leave your business vulnerable. Regularly assessing.

52
article thumbnail

Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

article thumbnail

French tax authorities use AI to clamp down on fraud

Accounting Today

The French government is deploying increasingly aggressive methods to uncover tax fraud.

Tax 130
article thumbnail

How to NetSuite - New Manufacturing Operation Types

Insightful Accountant

NetSuite has added several new manufacturing operation task types with or without specified lag times as part of their 2025.1 release. Murph has graphed them out in this feature to 'show off' these new capabilities.

52
article thumbnail

Fostering the next generation of female leaders in accounting and finance

Accounting Today

While workplace equality has come a long way, some women in accounting and finance still encounter barriers to advancement in companies that have yet to evolve.

article thumbnail

Sage Opens New North America Headquarters

Insightful Accountant

Sage has officially opened their new North American Flagship Office located in Atlanta. At the heart of the facility is the Sage Discovery Center featuring the latest in Sage's AI innovations, including Sage Copilot.

52
article thumbnail

Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

article thumbnail

Pathways to Growth: Digging deeper on strategic organic growth

Accounting Today

New clients may seem easy to come by now, but that won't always be the case.

130
130
article thumbnail

What Is CISO as a Service (vCISO) & Why Do You Need It?

Ace Cloud Hosting

Our world today is more digitally connected than ever before. New technologies such as cloud computing, the Internet of Things, and artificial intelligence have made the planet unrecognizable from a.

article thumbnail

Treasury risks payment default as soon as August, CBO says

Accounting Today

Much depends on tax-collection proceeds, with the April 15 filing date fast approaching.

article thumbnail

A Complete Guide to SOC 2 Compliance for Businesses in 2025 

Ace Cloud Hosting

In cloud computing and SaaS technology, data security is no longer optionalits a necessity. B2B businesses regularly handle sensitive client information, including credit card numbers, emails, phone numbers, and billing.

article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

GOP moves closer to tax cut plan, eyes debt ceiling deal

Accounting Today

Republican leaders say they are getting close to agreeing on a plan to pass an extension of President Trump's 2017 tax cuts and an increase to the debt ceiling.

Tax 214
article thumbnail

QuickBooks Consulting – Why Do You Need It & What To Expect

Ace Cloud Hosting

As businesses scale, so do their accounting requirements. QuickBooks, the robust accounting software trusted by millions of businesses to simplify payroll, accounts, and tax operations, comes into play. However, when.